![\"\"](\"https:\/\/indem.uc3m.es\/wp-content\/uploads\/2025\/04\/perfil-margarita-sanmartin.png\")
\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n
\t\t\t\t\t\t\t\t\t\tEmail: margarita.samartin@uc3m.es
\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n
\t\t\t\t\t\t\t\t\t\tDirecci\u00f3n \/ oficina: C\/ Madrid, 126 – 28903 Getafe (Madrid) Spain \/ 6.0.16\n\t\t\t\t\t\t\t\t\t<\/li>\n
\t\t\t\t\t\t\t\t\t\tTel\u00e9fono \/ fax: (34) 91 624 96 47\n\t\t\t\t\t\t\t\t\t<\/li>\n<\/ul>\n
\t\t\t\t \n\t\t\t\t\t\t@UC3M_BUSINESS\t\t\t\t\t<\/p>\n Van Bommel, J., Hasman, A. & Samart\u00edn, M.:\u00a0\u00abFinancial Intermediation in an Overlapping Generations Model with Transaction Costs<\/a>\u00ab,\u00a0Journal of Economic Dynamics and Control\u00a0vol. 45, August 2014, 111-125.<\/p>\n Van Bommel, J., Hasman, A. & Samart\u00edn, M.:\u00a0\u00abFinancial Contagion and Depositor Monitoring<\/a>\u00ab,\u00a0Journal of Banking and Finance\u00a0vol. 37 (8), Agosto 2007, 3076-3084<\/p>\n L\u00f3pez, A.L., Hasman, A. & Samart\u00edn, M.: \u00abGovernment, taxes and banking crises<\/a>\u00ab,\u00a0Journal of Banking and Finance\u00a0vol. 35 (10), Octubre 2011, 2761-2770<\/p>\n Hasman, A. & Samart\u00edn, M.:\u00a0\u00abInformation Acquisition and Financial Contagion<\/a>\u00ab,\u00a0\u00a0Journal of Banking and Finance\u00a0vol. 32 (10), Octubre 2008, 2136-2147<\/p>\n Samart\u00edn, M. \u00abShould bank runs be prevented?<\/a>\u00ab,\u00a0Journal of Banking and Finance\u00a0vol. 27 (5), May 2003, 977-1000.<\/p>\n Samart\u00edn, M.: \u00abSuspension of convertibility versus deposit insurance: a welfare comparison<\/a>\u00ab,\u00a0Review of Finance (former European Finance Review)\u00a0vol. 6 (2), 2002, 223-244<\/p>\n \t\t\t\t\t\t\t\t\tBio<\/p>\n Margarita Samart\u00edn es Profesora Titular de Econom\u00eda Financiera en el Departamento de Econom\u00eda de la Empresa de la Universidad Carlos III de Madrid. Posee un Doctorado Europeo en Econom\u00eda Cuantitativa por el CORE (Universidad Cat\u00f3lica de Lovaina, B\u00e9lgica), la London School of Economics (Inglaterra), DELTA (Francia) y la Universidad de Bonn (Alemania). Posee tambien un Master en Ciencias Econ\u00f3micas por la Universidad Cat\u00f3lica de Lovaina (B\u00e9gica) y una licenciatura en Ciencias Econ\u00f3micas y Empresariales por la Universidad de Cantabria. Imparte las asignaturas de Econom\u00eda Financiera y Banca a nivel de grado y postgrado.<\/p>\n Margarita ha centrado su investigaci\u00f3n en el campo de la econom\u00eda bancaria, y en particular ha estudiado el papel de los bancos en la econom\u00eda, las crisis financieras y la regulaci\u00f3n bancaria. Sus trabajos han aparecido publicados en revistas internacionales como Review of Finance, Journal of Banking and Finance, Geneva Papers on Risk and Insurance Theory, Journal of Financial Stability and Financial Markets, Institutions and Instruments.<\/p>\n Actualmente, Margarita es directora del M\u00e1ster en Ciencias Actuariales y Financieras, de la Universidad Carlos III de Madrid. Es tambi\u00e9n subdirectora del Curso de especializaci\u00f3n en Econom\u00eda de las Telecomunicaciones, dentro del Master en Econom\u00eda Industrial de la Universidad Carlos III de Madrid.<\/p>\n \t\t\t\t\t\t\t\t\tPublicaciones<\/p>\n Hasman, A. & Samart\u00edn, M.: \u00abCapital and liquidity in a Dynamic Model of Banking\u00bb,\u00a0Economic Modelling\u00a0vol. 64, Agosto 2017, 172\u2013177<\/p>\n Samart\u00edn, M., Cabrera, M. & Dwyer, G.: \u00abGovernment finances and bank bailouts: Evidence from European Stock markets\u00bb,\u00a0\u00a0Journal of Empirical Finance\u00a0vol. 39, Diciembre 2016, 169-179<\/p>\n Garc\u00eda-Palacios, J.H., Hasman, A. & Samart\u00edn, M. \u00abBanking crises and government intervention\u00bb,\u00a0\u00a0Journal of Financial Stability\u00a0vol. 15, Diciembre 2014, 32-42<\/p>\n Van Bommel, J., Hasman, A. & Samart\u00edn, M.:\u00a0\u00abFinancial Intermediation in an Overlapping Generations Model with Transaction Costs\u00bb,\u00a0Journal of Economic Dynamics and Control\u00a0vol. 45, Agosto 2014, 111-125<\/p>\n Van Bommel, J., Hasman, A. & Samart\u00edn, M.:\u00a0\u00abFinancial Contagion and Depositor Monitoring\u00bb,\u00a0Journal of Banking and Finance\u00a0vol. 37 (8), Agosto 2007, 3076-3084<\/p>\n L\u00f3pez, A.L., Hasman, A. & Samart\u00edn, M.: \u00abGovernment, taxes and banking crises\u00bb,\u00a0Journal of Banking and Finance\u00a0vol. 35 (10), Octubre 2011, 2761-2770<\/p>\n Samart\u00edn, M. & Dywer, G. \u00abWhy do banks promise to pay par on demand?\u00bb,\u00a0Journal of Financial Stability, vol. 5 (2), Junio 2009, 147-169<\/p>\n Hasman, A. & Samart\u00edn, M.:\u00a0\u00abInformation Acquisition and Financial Contagion\u00bb,\u00a0\u00a0Journal of Banking and Finance\u00a0vol. 32 (10), Octubre 2008, 2136-2147<\/p>\n Samart\u00edn, M, Cardone, C. & Bustamante, R. \u00abWas the Argentine corralito an efficient measure?: a note\u00bb,\u00a0International Review of Economics and Finance\u00a0vol. 16 (3), Diciembre 2007, 444-453<\/p>\n Samart\u00edn, M. \u00abComment on: Bank Runs, Welfare and Policy Implications\u00bb,\u00a0Journal of Financial Stability, vol. 1 (3), Abril 2005, 426-432<\/p>\n Samart\u00edn, M. \u00abShould bank runs be prevented?\u00bb,\u00a0Journal of Banking and Finance\u00a0vol. 27 (5), Mayo 2003, 977-1000<\/p>\n Samart\u00edn, M., \u00c1lvarez, M.J., Cardone, C., Lado, N.: \u00abFinancial Service Firms\u2019 Entry-Mode Choice and Cultural Diversity: Spanish Companies in Latin America\u00bb,\u00a0International Journal of Bank Marketing\u00a0vol. 21 (3), Junio 2003, 109-121<\/p>\n Samart\u00edn, M.: \u00abOn the optimality of bank runs: a comment on Allen and Gale\u00bb,\u00a0Geneva Papers on Risk and Insurance Theory\u00a0vol.28 (1), Junio 2003, 33-57<\/p>\n Samart\u00edn, M.: \u00abSuspension of convertibility versus deposit insurance: a welfare comparison\u00bb,\u00a0Review of Finance (former European Finance Review)\u00a0vol. 6 (2), 2002, 223-244<\/p>\n Samart\u00edn, M. \u00abBanks Increase Welfare\u00bb,\u00a0Financial Markets,\u00a0Institutions and Instruments\u00a0vol. 10 (5), Abril 2002, 203-233<\/p>\n Pe\u00f1a, J.I , Mayoral, S. and Rodr\u00edguez, R. \u00abCannibalization, depredation, and market remuneration of power plants<\/a>\u00ab,\u00a0Energy Policy<\/b>, 2022<\/p>\n Pe\u00f1a, J.I\u00a0 and Rodr\u00edguez, R. \u00bb\u00a0Market Makers and Liquidity Premium in Electricity Futures Markets\u00a0<\/a>(2022).\u00a0The energy Journal<\/b>, 43 (2)\u00a0<\/p>\n Pe\u00f1a, J.I & Mayoral, S. and Rodr\u00edguez, R. \u00abTail Risk of Electricity Futures<\/a>\u00bb ,\u00a0Energy Economics<\/b>, 2020\u00a0\u00a0<\/p>\n Pe\u00f1a, J.I\u00a0 and Rodr\u00edguez, R. \u00abAre EU\u2019s Climate and Energy Package 20-20-20 targets achievable and compatible? Evidence from the impact of renewables on electricity prices<\/a>\u00bb\u00a0\u00a0Energy<\/b>, 183, pages 477-486\u00a0 , 2019,\u00a0\u00a0<\/p>\n Rodr\u00edguez, R. and Pe\u00f1a, J.I.: \u00abDefault supply auctions in electricity markets: Challenges and proposals\u00bb,\u00a0Energy Policy\u00a0<\/i><\/b>vol. 122, Noviembre 2018, 142-151<\/p>\n Rodr\u00edguez, R., Moreno J.D. & Zambrana, R.: \u00abManagement Sub-Advising in the Mutual Fund Industry\u00bb,\u00a0Journal of Financial\u00a0<\/i><\/b>Economics<\/i><\/b>,\u00a0<\/i>vol. 127 (3), Marzo 2018, 567-587<\/p>\n Pe\u00f1a, J.I and Blanco Ivan and Rodr\u00edguez, R. \u00abModelling Electricity Swaps with Stochastic Forward Premium Models\u00a0 \u00bb ( 2018),\u00a0The Energy Journal<\/i><\/b>, vol. 39 (2)\u00a0<\/p>\n Rodr\u00edguez, R. & Pe\u00f1a, I.: \u00abTime-Zero Efficiency of European Power Derivatives Markets\u201d,\u00a0Energy Policy\u00a0<\/i><\/b>vol. 95,\u00a0 August 2016, 253-268\u00a0<\/p>\n Rodr\u00edguez, R. & Rubio, G.:\u00a0\u201cTeaching Quality and Academic Research\u201d,\u00a0International Review of Economics Education<\/i><\/b>\u00a0vol. 23, Septiembre 2016, 10-27\u00a0<\/p>\n Rodr\u00edguez, R,\u00a0Moreno, J.D. & Malag\u00f3n, J.: \u201cThe Idiosyncratic Volatility Anomaly: Corporate Investment or Investor Mispricing?\u201d,\u00a0Journal of Banking and Finance\u00a0<\/i><\/b>vol.\u00a060, Noviembre 2015, 224-238<\/p>\n Rodr\u00edguez, R. & Nieto, B.: \u201cCorporate stock and bond return correlations and dynamic adjustments of capital structure \u201d,\u00a0Journal of Business Finance and Accounting<\/i><\/b>\u00a0vol. 42 (5-6),\u00a0<\/a>Junio-Julio 2015,\u00a0705\u2013746 Rodr\u00edguez, R.,\u00a0Moreno, J.D. & Matall\u00edn-S\u00e1ez, J.C.: \u201cWhy is timing perverse?\u201d,\u00a0The European Journal of Finance,\u00a0<\/i><\/b>vol. 21, 2015,\u00a01334-1356<\/p>\n Rodr\u00edguez, R.,\u00a0Moreno, J.D. & Malag\u00f3n, J.:\u00a0\u201cTime horizon trading and the idiosyncratic risk puzzle\u201d,\u00a0Quantitative Finance<\/i><\/b>, vol. 15 (2), 2015, 327-343<\/p>\n Rodr\u00edguez, R.,\u00a0Moreno, J.D. & C\u00e1ceres, E.: \u201cA study on short-selling constraints: total ban versus partial ban\u201d,\u00a0Applied Economics Letters<\/i><\/b>\u00a0vol. 22 (2), 2015, 99-103<\/p>\n Rodr\u00edguez, R.,\u00a0Moreno, J.D. & Wang, C.:\u201cAccurately Measuring Gold Mutual Fund Performance\u201d,\u00a0Applied Economics Letters,<\/i><\/b>\u00a0vol. 21 (4), 2014, 268-271<\/p>\n Rodr\u00edguez, R.& Moreno, J.D.: \u00abOptimal Diversification across Mutual Funds\u00bb,\u00a0Applied Financial Economics\u00a0<\/i><\/b>vol. 23 (2), 2013, 199-203<\/p>\n Rodr\u00edguez, R. &\u00a0Moreno, J.D.:\u00a0\u00abThe value of coskewness in mutual fund performance evaluation\u00bb,\u00a0Journal of Banking & Finan<\/i><\/b>ce<\/i><\/b>\u00a0vol. 33, 2009, 1664\u20131676<\/p>\n Rodr\u00edguez, R. & Pe\u00f1a, I.:\u00a0\u00abOn the economic link between asset prices and real activity\u201d,\u00a0Journal of Business Finance and Accounting\u00a0<\/i><\/b>vol. 34 (5-6), Junio-Julio 2007, 889-916<\/p>\n Rodr\u00edguez, R. & Nieto, B.: \u00abThe consumption-wealth and Book-to Market ratios Rodr\u00edguez, R. &\u00a0Moreno, J.D.:\u00a0\u00abPerformance Evaluation considering the Coskewness: A Stochastic Discount Factor Framework\u00bb,\u00a0Managerial Finance\u00a0<\/i><\/b>vol. 32 (4), 2006, 375-392<\/p>\n Rodr\u00edguez, R. & Restoy, F.: \u00abCan Fundamentals Rodr\u00edguez, R. & Nieto, B.:\u00a0\u00abLos Rodr\u00edguez, R., Restoy, F. & Oe\u00f1a, I.: \u00abCan Output Explain the \t\t\t\t\t\t\t\t\t\tEmail: margarita.samartin@uc3m.es \t\t\t\t\t\t\t\t\t\tDirecci\u00f3n \/ oficina: C\/ Madrid, 126 – 28903 Getafe (Madrid) Spain \/ 6.0.16\n\t\t\t\t\t\t\t\t\t<\/li>\n \t\t\t\t\t\t\t\t\t\tTel\u00e9fono \/ fax: (34) 91 624 96 47\n\t\t\t\t\t\t\t\t\t<\/li>\n<\/ul>\n \t\t\t\t \n\t\t\t\t\t\t@UC3M_BUSINESS\t\t\t\t\t<\/p>\n","protected":false},"author":1,"template":"","meta":{"site-sidebar-layout":"no-sidebar","site-content-layout":"page-builder","ast-site-content-layout":"full-width-container","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}}},"categoria-profesional":[61],"area":[19],"class_list":["post-5058","members","type-members","status-publish","hentry","categoria-profesional-profesores","area-economia-financiera"],"_links":{"self":[{"href":"https:\/\/indem.uc3m.es\/es\/wp-json\/wp\/v2\/members\/5058","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/indem.uc3m.es\/es\/wp-json\/wp\/v2\/members"}],"about":[{"href":"https:\/\/indem.uc3m.es\/es\/wp-json\/wp\/v2\/types\/members"}],"author":[{"embeddable":true,"href":"https:\/\/indem.uc3m.es\/es\/wp-json\/wp\/v2\/users\/1"}],"version-history":[{"count":6,"href":"https:\/\/indem.uc3m.es\/es\/wp-json\/wp\/v2\/members\/5058\/revisions"}],"predecessor-version":[{"id":7316,"href":"https:\/\/indem.uc3m.es\/es\/wp-json\/wp\/v2\/members\/5058\/revisions\/7316"}],"wp:attachment":[{"href":"https:\/\/indem.uc3m.es\/es\/wp-json\/wp\/v2\/media?parent=5058"}],"wp:term":[{"taxonomy":"categoria-profesional","embeddable":true,"href":"https:\/\/indem.uc3m.es\/es\/wp-json\/wp\/v2\/categoria-profesional?post=5058"},{"taxonomy":"area","embeddable":true,"href":"https:\/\/indem.uc3m.es\/es\/wp-json\/wp\/v2\/area?post=5058"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n\t\t\t\t\t\t\t\t<\/a><\/p>\n\n\t\t\t\t\t\t
\n\t\t\t\t\t\t\tBUSINESS UC3M\t\t\t\t\t\t<\/a>
\n\t\t\t\t\t<\/h3>\nPublicaciones seleccionadas<\/h2>\n
<\/em><\/p>\n
in a Dynamic asset-pricing context\u00bb,\u00a0Spanish
Economic Review<\/i><\/b>\u00a0 vol. 9, 2006<\/p>\n
Explain Cross-Country Correlations of Asset Returns? \u201d,\u00a0Review of World Economics<\/i><\/b>, vol. 142 (3), 2006<\/p>\n
Modelos de Valoraci\u00f3n de Activos Condicionales: un Panorama Comparativo
Ilustrado con Datos Espa\u00f1oles\u00bb (2005)\u00a0\u00a0Investigaciones Econ\u00f3micas<\/i><\/b>, vol. 29 (1), 2004<\/p>\n
Predictability and Volatility of Stock Returns?\u00bb,\u00a0Journal of International Money and Finance\u00a0<\/i><\/b>vol. 21 (2),\u00a0Abril 2002,\u00a0163-182<\/p>\n\n
\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n
\n\t\t\t\t\t\t\t\t<\/a><\/p>\n\n\t\t\t\t\t\t
\n\t\t\t\t\t\t\tBUSINESS UC3M\t\t\t\t\t\t<\/a>
\n\t\t\t\t\t<\/h3>\n